Wendy's Company (The) (NASDAQ:WEN) Updates On Quarterly Dividend


As per Wendy's Company (The) (NASDAQ:WEN) statement on 2016-08-05, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.06 per share as dividend to stakeholders. The record date is set as 2016-09-01, the payout date as 2016-09-15 and the ex-dividend date is 2016-08-30.

Last fiscal Wendy's Company (The) (NASDAQ:WEN) disbursed cash dividend of $0.06. A year ago, the payout was $0.06, which indicates a difference of 9.7561%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.06, implying 28.1899% growth.

For the period ended on 2015-12-31, Wendy's Company (The) (NASDAQ:WEN)’s earnings came at $0.1 per share compared to EPS of $0.09 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-09. For this quarter, the analysts have earnings estimate of $0.1 per share.

The interim price target for Wendy's Company (The) (NASDAQ:WEN) is set at $11.187. This level is the mean price reached by averaging the stock views of 8 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Wendy's Company (The) (NASDAQ:WEN) is seen at $13 and the lowest level is established at $9. This broad range highlights a standard deviation of $1.412 in reported estimates.

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